1 Day
Source:
الاقتصادية
Why is Strait of Hormuz Traffic Slow?
The return of shipping through the Strait of Hormuz is expected to be delayed promptly after Iran and the U.S. sign an agreement to end their conflict, as it will take several weeks to clear naval mines and create safe conditions for vessels. Monitoring security and precautionary measures remains important for shipping companies, with shipping and insurance costs continuing to rise during the transition period, which may last around 50 days before commercial activity fully resumes.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)